[Sideways + Fragile] 3Q 2011 Westchester & Putnam Report Available For Download
Posted by Jonathan J. Miller -Thursday, October 13, 2011, 10:40 AM
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The Elliman Report: Westchester & Putnam Sales 3Q 2011 was published today. It is part of a report series that we have authored for Douglas Elliman since 1994.
You can build your own custom data tables with the new data. I’m about to launch a site redesign and am rejiggering the way I handle charts (automatic) so I haven’t been very diligent in updating them on my site – sorry about that.
Here’s an excerpt from the report:
…The median rental price, without concessions, was essentially unchanged year-over-year at $2,995. However, median rent with concessions (net effective monthly median rent), increased 4.9% over the same period to $2,970 from $2,831. Approximately 8.6% of new leases had some form of landlo…All price indicators showed year-over-year declines in the third quarter. Median sales price fell 7.8% to $495,625 from a post credit-crunch high of $537,500 in the prior year quarter, but increased 8.3% from $457,500 in the second quarter. Price per square foot slipped 2% from the prior year quarter to $292 and average sales price declined 4.2% to $689,468 as compared to the same period last year. Housing prices in the prior year quarter of 2010 were somewhat inflated by the influence of federal homebuyer tax credit in 2010…
Here’s a summary of the media coverage.
Other reports we prepare can be found here.
The Elliman Report: Westchester & Putnam Sales 3Q 2011 [Miller Samuel]
Westchester & Putnam custom data tables [Miller Samuel]
